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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 29-1008.20: Other considerations of directors.

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Where this section sits in the code
  1. Title 29. Business Organizations. [Enacted title]
  2. Chapter 10. Limited Cooperative Associations.
  3. Subchapter VIII. Directors and Officers.

Unless the articles of organization otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long and short term interest of the association and its patron members, may consider:

(1)

The interest of employees, customers, and suppliers of the association;

(2)

The interest of the community in which the association operates; and

(3)

Other cooperative principles and values that may be applied in the context of the decision.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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